News Excerpt:

Recently, At the World Economic Forum’s 54th annual meeting at Davos, Switzerland held from 15-19 January 2024, India participated in the spirit of “Vasudhaiva Kutumbakam”, ready to shape a common future marked by global cooperation, aligning with the overarching WEF theme for the year, 'Rebuilding Trust'.

Key Points of the Meeting:

• One of the key takeaways from the Forum meeting was the announcement of the launch of a “Global Good Alliance for Gender Equity and Equality” with the support and endorsement by WEF and Government of India.
• This year’s unique initiative at WEF, led by the Union Minister of Women & Child Development was a first ever women leadership lounge (We Lead lounge) by CII and BMGF.
• The lounge hosted various panel discussions and meetings on the themes of “Women-led Development” and increasing women’s participation in the economy, bridging the digital gender gap, engendering women’s health, etc. 
• The lounge also showcased handicrafts by women entrepreneurs and products from tea and coffee board of India.
• “We Lead” lounge facilitated the much-needed conversation around the message of global prosperity powered by women.
• On the sidelines of WEF, the Union Minister held bilateral meetings with leaders from around the world and discussed  issues of common interest and possible collaborations.

Global Good Alliance for Gender Equity and Equality

• The idea of this alliance emerged from the G20 Leaders’ Declaration and India’s abiding commitment to the cause of women-led development.
• The primary and stated objective of this new Alliance is to bring together global best practices, knowledge sharing and investments in the identified areas  of women’s health, education, and enterprise.
• The Alliance will be taking forward the commitments of the G20 leaders for the benefit of the larger global community as a follow up to the activities of the Engagement Group and initiatives under the G20 framework, inter alia, the Business 20, Women 20 and G20 EMPOWER.
• The Alliance has garnered support from industry leaders, including Mastercard, Uber, Tata, TVS, Bayer, Godrej, Serum Institute of India, IMD Lausanne, and over 10,000 partners from industry.
• Supported by the Bill and Melinda Gates Foundation, the alliance will be housed and anchored by the CII Centre for Women Leadership. 
  • The World Economic Forum has come on board as a ‘Network Partner’ and Invest India as an ‘Institutional Partner’.
• India’s abiding commitment to Vasudhaiva Kutumbakam – ‘One Earth, One Family, One Future’ and its continued efforts towards “Sabka Saath, Sabka Vikas and Sabka Prayas” this ‘Alliance for Global Good- Gender Equity and Equality’ is poised to be a force to reckon with on all gender related issues.